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FERC Proposes NEPA Revisions to Streamline Air Quality Analyses and Accelerate Natural Gas Projects

LCG, October 16, 2026--The Federal Energy Regulatory Commission (FERC) announced on Thursday its new proposal to revise and accelerate its review of air quality effects for proposed natural gas projects under the National Environmental Policy Act (NEPA). The draft policy statement highlights revisions designed to (i) avoid unnecessary delays and duplicative analysis and (ii) deliver greater regulatory certainty and a streamlined path forward for project applicants.

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AEP Announces 702-MW Bloom Fuel Cell Project to Serve Google in Wyoming

LCG, October 14, 2026--American Electric Power (AEP) today announced plans for a 20-year power purchase agreement (PPA) with Google, under which AEP will invest approximately $4 billion to advance a new 702-MW fuel cell generation project located near Cheyenne, Wyoming. Google will acquire power from Cheyenne Fuel Cell, LLC, which is approximately 92 percent owned and controlled by AEP and 8 percent owned by funds advised by Basalt Infrastructure Partners, LLP. AEP and its partners plan to start construction this year and to be fully operational by the end of 2028.

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Industry News

FERC Approves Entergy's Proposal to Establish Independent Coordinator of Transmission

LCG, March 23, 2005--The Federal Energy Regulatory Commission (FERC) yesterday approved a proposal from Entergy Corp. (Entergy) to establish an Independent Coordinator of Transmission (ICT) that would oversee the operations and planning of Entergy's electric transmission system. With the change, the FERC anticipates hundreds of millions of dollars in consumer savings caused by more efficient grid operations.

The ICT is expected to be the Southwest Power Pool (SPP), which operates in Arkansas, Kansas, Louisiana, Mississippi, Missouri, New Mexico, Oklahoma, and Texas. In 2004, the FERC approved SPP as a regional transmission operator (RTO).

The FERC limited Entergy's transmission pricing proposal to two years and directed Entergy to file additional information to clarify the ICT's duties, responsibilities and authority regarding requests for transmission service. Additional information was also requested from Entergy regarding its methodology for providing firm transmission rights to customers who pay for transmission upgrades.

Consistent with the direction of RTOs elsewhere in the nation, the FERC encouraged Entergy and the ICT to eliminate rate pancaking for transmission between systems. The actual progress in the Entergy region - and the Southeast in general - toward achieving the transparent, competitive markets set forth by the FERC in its Order 2000 and its Standard Market Design remains quite limited. In contrast, elsewhere in the Eastern Interconnect RTOs or independent system operators (ISOs), such as ISO New England, the New York ISO, PJM and - come April 1 - the Midwest ISO, have evolved dramatically and have implemented many of the market design features desired by the FERC.

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